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  #1  
Old 15th November 2007, 03:29 PM
King Cugat King Cugat is offline
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Question Arbitrage method

Has anyone heard of this XXXXXXX?

I had someone ask me about it and they showed me the glossy readings. They are an arbitrage company. I have my own opinion which i shared but probably shouldnt say anything in here....just yet.
I said i would ask around and get some feedback if possible BEFORE they part with their $thousands

Thanks.

Last edited by Moderator 3 : 16th November 2007 at 05:46 PM.
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  #2  
Old 15th November 2007, 04:54 PM
baco60 baco60 is offline
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Thumbs up It is a ********.

Do not touch it,it is a ********.
Go to Cyberhorse forum, and you will find out more about it.
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  #3  
Old 15th November 2007, 06:26 PM
King Cugat King Cugat is offline
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Baco

It was a friend of a friends who asked me for my opinion. I smelt a rat but still cant find any evidence for her. I found the threads ( goes for a few years too, quite a cracker of a thread) on cyberhorse and Larry Pickering. larrysscams.blog.com/
It most definately looks similiar to what is going on there however the XXX Trading name isnt anywhere to be found.
I was hoping to dig up some dirt for her but...............
They want $thousands up front in what they call a license fee << well thats where i stopped! i told them to ask further as you dont need a license to bet etc etc....
I actually think she went ahead anyway??
She did run an ASIC check but it looked a bit dodgy to me. Alarm bells ring when i see this:

..... QLD under ....l PTY LTD reg ....
The reading material has an ACT address though

I wouldnt look twice at anything like that becuase i'm a sceptic on everything, but its hard to put someone else off it and tell them to put their money back in their pocket if i cant find anything.

Last edited by Moderator 3 : 16th November 2007 at 05:47 PM.
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  #4  
Old 16th November 2007, 03:52 AM
Bhagwan Bhagwan is offline
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Even if it is legit, the return on arbing is usually around the 2.5% POT mark where one opens up about 27 bookies accounts.
Churning over big chunks of money.
If they promise any more than 2.5% , be very aware.
I have met people who used to sell such systems for such companies at higher prices than this & they said the same thing.

That sounds like fun.
At the price , it is outrages.
I feel your warning bells will be correct.

I have found any system in this price range are geared towards people who know nothing about racing , because they dont know any different.

There is a lay betting method called Laying 7 System that has had some high profile people in racing giving it 2 thumbs up after testing it. Cost is around $86
You may want your friend to have a look at it & save her $thousands & maybe it might even make more than 2.5% on turn over.

Cheers.




Cheers.
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Last edited by Moderator 3 : 16th November 2007 at 05:47 PM.
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  #5  
Old 16th November 2007, 02:41 PM
Bhagwan Bhagwan is offline
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Correction of the name of the plan search name under....
Laying Seven.
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  #6  
Old 16th November 2007, 05:45 PM
Moderator 3 Moderator 3 is offline
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Please note Forum Terms of Use do not permit:

Potentially defamatory or libellous posts.
This especially relates to the identifying of businesses, racing products, racing personalities or other individuals in a context that could harm reputations, even if justified.
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  #7  
Old 22nd November 2007, 11:05 AM
AngryPixie AngryPixie is offline
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Talking

Quote:
Originally Posted by Bhagwan
Correction of the name of the plan search name under....
Laying Seven.


Wow a "commando style" laying system. I love going commando!
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"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash
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